Handelsbanken sells its shares in UC
Handelsbanken is selling its shareholding in the credit information agency UC AB to Asiakastieto Group Plc, which is a listed credit information company in Finland. This is a consequence of Asiakastieto entering into an agreement with all owners to acquire UC for some SEK 3,5 billion [1].Handelsbanken owns 24.5 per cent of the shares in UC and, like other Swedish banks which are shareholders of UC, is a major supplier of credit information to UC.One of the results of the merger of Asiakastieto and UC is that the merged company will have a stronger market position in Sweden and Finland.